Common use of Inquiry Clause in Contracts

Inquiry. Through a simple question-and-answer format, ILSI shall collect information consisting of the name, address, income, assets and liabilities of potential borrowers. Alternatively, potential borrowers may supply a subset of the above information to ILSI by telephone or through e-mail. (The information obtained at this stage is called an "Inquiry" or, if more than one, "Inquiries").